Post by
fdfd12 on Jan 11, 2016 12:24pm
IBB correlation
to CXR.
Ever since we went to Nasdaq, there IBB goes, CXR goes.
CXR can have earnings of $10/share each Q and it will still be stuck to IBB.
This is ridiculuos.
Comment by
slightfan1 on Jan 11, 2016 6:13pm
I remember when it went into IBB I posted that it could be a double edged sword and so here we are being pained with the other side of the sword. sadly. But given it's profile, I did not see such a drop coming.
Comment by
Slinger14 on Jan 12, 2016 1:47am
The whole sector is down slightfan1. Not just CXR. You can't attribute CXR SP decline to its addition to IBB.